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Whipsaw Glossary

Currently viewing the definition of: Tender
 
 
 In relation to shares, a tender is the ‘auction’ that takes place when a company is looking to list on the market. Investors will place a bid for the shares, representing the amount they think the shares are worth. The company then sells the shares to the highest bidders. 
 


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    • City
      The square mile in London that is home to major financial institutions. In recent years, the City has expanded to Canary Wharf as businesses have looked to move into this area.